Report cover image

Global Steam Methane Reforming Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 03, 2025
Length 149 Pages
SKU # BOSS20300801

Description

Report Overview

Steam methane reforming (SMR) is a widely used industrial process for producing hydrogen and synthesis gas (syngas) from natural gas (primarily methane) through catalytic reactions with steam under high temperatures (700–1,000°C). The process involves endothermic reactions where methane reacts with steam to produce hydrogen, carbon monoxide, and a small amount of carbon dioxide, with subsequent water-gas shift reactions further increasing hydrogen yield. SMR is favored for its efficiency, scalability, and cost-effectiveness, making it the dominant method for hydrogen production, accounting for nearly 95% of global hydrogen supply. However, it is carbon-intensive, releasing significant CO₂ emissions unless paired with carbon capture and storage (CCS) technologies. The market for SMR is driven by demand from industries such as refining, ammonia production, and methanol synthesis, as well as emerging applications in fuel cells and clean energy. Rising environmental concerns and stricter regulations are pushing innovation toward low-carbon SMR variants and hybrid systems integrating renewable energy. Despite competition from electrolysis and other green hydrogen technologies, SMR remains critical due to its established infrastructure and economic advantages, particularly in regions with abundant natural gas resources.

The global Steam Methane Reforming market size was estimated at USD 83.37 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.96% during the forecast period.

This report provides a deep insight into the global Steam Methane Reforming market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Steam Methane Reforming Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Steam Methane Reforming market in any manner.

Global Steam Methane Reforming Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Honeywell UOP

Air Liquide

Linde

Amec Foster Wheeler

Air Products and Chemicals

Caloric Anlagenbau GmbH

KBR

Heurtey Petrochem

McDermott

Haldor Topsoe

thyssenkrupp

Toyo Engineering Corporation

Market Segmentation (by Type)

Steam Methane Reforming with PSA

Steam Methane Reforming with Amine Absorption

Market Segmentation (by Application)

Refinery

Chemical Industry

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Steam Methane Reforming Market

Overview of the regional outlook of the Steam Methane Reforming Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Steam Methane Reforming Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Steam Methane Reforming, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

149 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Steam Methane Reforming
1.2 Key Market Segments
1.2.1 Steam Methane Reforming Segment By Type
1.2.2 Steam Methane Reforming Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Steam Methane Reforming Market Overview
2.1 Global Market Overview
2.1.1 Global Steam Methane Reforming Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Steam Methane Reforming Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Steam Methane Reforming Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Steam Methane Reforming Product Life Cycle
3.3 Global Steam Methane Reforming Sales By Manufacturers (2020-2025)
3.4 Global Steam Methane Reforming Revenue Market Share By Manufacturers (2020-2025)
3.5 Steam Methane Reforming Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Steam Methane Reforming Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Steam Methane Reforming Market Competitive Situation And Trends
3.8.1 Steam Methane Reforming Market Concentration Rate
3.8.2 Global 5 And 10 Largest Steam Methane Reforming Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Steam Methane Reforming Industry Chain Analysis
4.1 Steam Methane Reforming Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Steam Methane Reforming Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Steam Methane Reforming Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Steam Methane Reforming Market
5.7 Esg Ratings Of Leading Companies
6 Steam Methane Reforming Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Steam Methane Reforming Sales Market Share By Type (2020-2025)
6.3 Global Steam Methane Reforming Market Size Market Share By Type (2020-2025)
6.4 Global Steam Methane Reforming Price By Type (2020-2025)
7 Steam Methane Reforming Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Steam Methane Reforming Market Sales By Application (2020-2025)
7.3 Global Steam Methane Reforming Market Size (M Usd) By Application (2020-2025)
7.4 Global Steam Methane Reforming Sales Growth Rate By Application (2020-2025)
8 Steam Methane Reforming Market Sales By Region
8.1 Global Steam Methane Reforming Sales By Region
8.1.1 Global Steam Methane Reforming Sales By Region
8.1.2 Global Steam Methane Reforming Sales Market Share By Region
8.2 Global Steam Methane Reforming Market Size By Region
8.2.1 Global Steam Methane Reforming Market Size By Region
8.2.2 Global Steam Methane Reforming Market Size Market Share By Region
8.3 North America
8.3.1 North America Steam Methane Reforming Sales By Country
8.3.2 North America Steam Methane Reforming Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Steam Methane Reforming Sales By Country
8.4.2 Europe Steam Methane Reforming Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Steam Methane Reforming Sales By Region
8.5.2 Asia Pacific Steam Methane Reforming Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Steam Methane Reforming Sales By Country
8.6.2 South America Steam Methane Reforming Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Steam Methane Reforming Sales By Region
8.7.2 Middle East And Africa Steam Methane Reforming Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Steam Methane Reforming Market Production By Region
9.1 Global Production Of Steam Methane Reforming By Region(2020-2025)
9.2 Global Steam Methane Reforming Revenue Market Share By Region (2020-2025)
9.3 Global Steam Methane Reforming Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Steam Methane Reforming Production
9.4.1 North America Steam Methane Reforming Production Growth Rate (2020-2025)
9.4.2 North America Steam Methane Reforming Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Steam Methane Reforming Production
9.5.1 Europe Steam Methane Reforming Production Growth Rate (2020-2025)
9.5.2 Europe Steam Methane Reforming Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Steam Methane Reforming Production (2020-2025)
9.6.1 Japan Steam Methane Reforming Production Growth Rate (2020-2025)
9.6.2 Japan Steam Methane Reforming Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Steam Methane Reforming Production (2020-2025)
9.7.1 China Steam Methane Reforming Production Growth Rate (2020-2025)
9.7.2 China Steam Methane Reforming Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Honeywell Uop
10.1.1 Honeywell Uop Basic Information
10.1.2 Honeywell Uop Steam Methane Reforming Product Overview
10.1.3 Honeywell Uop Steam Methane Reforming Product Market Performance
10.1.4 Honeywell Uop Business Overview
10.1.5 Honeywell Uop Swot Analysis
10.1.6 Honeywell Uop Recent Developments
10.2 Air Liquide
10.2.1 Air Liquide Basic Information
10.2.2 Air Liquide Steam Methane Reforming Product Overview
10.2.3 Air Liquide Steam Methane Reforming Product Market Performance
10.2.4 Air Liquide Business Overview
10.2.5 Air Liquide Swot Analysis
10.2.6 Air Liquide Recent Developments
10.3 Linde
10.3.1 Linde Basic Information
10.3.2 Linde Steam Methane Reforming Product Overview
10.3.3 Linde Steam Methane Reforming Product Market Performance
10.3.4 Linde Business Overview
10.3.5 Linde Swot Analysis
10.3.6 Linde Recent Developments
10.4 Amec Foster Wheeler
10.4.1 Amec Foster Wheeler Basic Information
10.4.2 Amec Foster Wheeler Steam Methane Reforming Product Overview
10.4.3 Amec Foster Wheeler Steam Methane Reforming Product Market Performance
10.4.4 Amec Foster Wheeler Business Overview
10.4.5 Amec Foster Wheeler Recent Developments
10.5 Air Products And Chemicals
10.5.1 Air Products And Chemicals Basic Information
10.5.2 Air Products And Chemicals Steam Methane Reforming Product Overview
10.5.3 Air Products And Chemicals Steam Methane Reforming Product Market Performance
10.5.4 Air Products And Chemicals Business Overview
10.5.5 Air Products And Chemicals Recent Developments
10.6 Caloric Anlagenbau Gmbh
10.6.1 Caloric Anlagenbau Gmbh Basic Information
10.6.2 Caloric Anlagenbau Gmbh Steam Methane Reforming Product Overview
10.6.3 Caloric Anlagenbau Gmbh Steam Methane Reforming Product Market Performance
10.6.4 Caloric Anlagenbau Gmbh Business Overview
10.6.5 Caloric Anlagenbau Gmbh Recent Developments
10.7 Kbr
10.7.1 Kbr Basic Information
10.7.2 Kbr Steam Methane Reforming Product Overview
10.7.3 Kbr Steam Methane Reforming Product Market Performance
10.7.4 Kbr Business Overview
10.7.5 Kbr Recent Developments
10.8 Heurtey Petrochem
10.8.1 Heurtey Petrochem Basic Information
10.8.2 Heurtey Petrochem Steam Methane Reforming Product Overview
10.8.3 Heurtey Petrochem Steam Methane Reforming Product Market Performance
10.8.4 Heurtey Petrochem Business Overview
10.8.5 Heurtey Petrochem Recent Developments
10.9 Mcdermott
10.9.1 Mcdermott Basic Information
10.9.2 Mcdermott Steam Methane Reforming Product Overview
10.9.3 Mcdermott Steam Methane Reforming Product Market Performance
10.9.4 Mcdermott Business Overview
10.9.5 Mcdermott Recent Developments
10.10 Haldor Topsoe
10.10.1 Haldor Topsoe Basic Information
10.10.2 Haldor Topsoe Steam Methane Reforming Product Overview
10.10.3 Haldor Topsoe Steam Methane Reforming Product Market Performance
10.10.4 Haldor Topsoe Business Overview
10.10.5 Haldor Topsoe Recent Developments
10.11 Thyssenkrupp
10.11.1 Thyssenkrupp Basic Information
10.11.2 Thyssenkrupp Steam Methane Reforming Product Overview
10.11.3 Thyssenkrupp Steam Methane Reforming Product Market Performance
10.11.4 Thyssenkrupp Business Overview
10.11.5 Thyssenkrupp Recent Developments
10.12 Toyo Engineering Corporation
10.12.1 Toyo Engineering Corporation Basic Information
10.12.2 Toyo Engineering Corporation Steam Methane Reforming Product Overview
10.12.3 Toyo Engineering Corporation Steam Methane Reforming Product Market Performance
10.12.4 Toyo Engineering Corporation Business Overview
10.12.5 Toyo Engineering Corporation Recent Developments
11 Steam Methane Reforming Market Forecast By Region
11.1 Global Steam Methane Reforming Market Size Forecast
11.2 Global Steam Methane Reforming Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Steam Methane Reforming Market Size Forecast By Country
11.2.3 Asia Pacific Steam Methane Reforming Market Size Forecast By Region
11.2.4 South America Steam Methane Reforming Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Steam Methane Reforming By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Steam Methane Reforming Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Steam Methane Reforming By Type (2026-2033)
12.1.2 Global Steam Methane Reforming Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Steam Methane Reforming By Type (2026-2033)
12.2 Global Steam Methane Reforming Market Forecast By Application (2026-2033)
12.2.1 Global Steam Methane Reforming Sales (K Units) Forecast By Application
12.2.2 Global Steam Methane Reforming Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.